Cattle futures lower waiting on cash business

Cattle futures lower waiting on cash business

At the Chicago Mercantile Exchange, live and feeder cattle were mostly lower, waiting for direct business to develop.  December live cattle closed $.47 lower at $175 and February live cattle closed $.57 lower at $176.07.  January feeders closed $1.52 lower at $228.32 and March feeder cattle closed $1.07 lower at $231.22. 

Direct cash cattle trade for the most part was quiet again Tuesday.  A few bids did surface at $278 to $280 dressed in Nebraska, but were passed. 

    

View Full Story

Share:

The Latest

Honing our patience

Commentary. Looking back through past columns, I came across one that hits home ten years after it was penned. I began

Ethanol production hits multi-month high

U.S. ethanol production surged last week as stocks held nearly steady. The U.S. Energy Information Administration says ethanol production averaged 1.076

Purdue Top Farmer Conference

Brownfield’s Meghan Grebner will cover the Purdue Top Farmer Conference, January 5, 2024, in West Lafayette, Indiana. …      View Full